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Small Finance Bank Slice Announces Profit of Over Rs 50 Crore in First Quarter of Current Fiscal

Authored By PTI | Last Modified: Aug 11, 2026 04:12 PM IST

Small Finance Bank Slice Announces Profit of Over Rs 50 Crore in First Quarter of Current Fiscal

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Guwahati: Small finance bank slice on Tuesday announced a profit of over Rs 50 crore for the first quarter of 2026-27, surpassing the bank’s net profit for the entire previous fiscal of 2025-26, a company statement said.

The bank’s full-year profit for 2025-26 was Rs 48.4 crore It said for the quarter ended June 30, 2026, the bank reported a net profit after tax of Rs 50.9 crore, against a net loss of Rs 10.1 crore in the same quarter of the previous financial year.

The total income grew to Rs 413.8 crore from Rs 298.6 crore in the year-ago quarter, a year-on-year increase of about 39 per cent.

Net worth stood at Rs 896 crore as of June 30, 2026, and the capital to risk-weighted assets ratio came in at 18.2 per cent, well above regulatory requirements, the statement said.

The bank’s gross NPA and net NPA have improved to 4.36 per cent and 3.24 per cent respectively, compared to 6.31 per cent and 4.66 per cent respectively, as of June 30, 2025.

Its gross loan book grew about 55 per cent year-on-year to Rs 5,098 crore as of June 30, 2026, from Rs 3,284 crore; while the deposits nearly doubled to Rs 5,765 crore from Rs 3,038 crore, as of June 30, 2025.

Total assets of the bank stood at Rs 7,444 crore, a year-on-year increase of 54 per cent, the statement added.

Slice Small Finance Bank, with its registered office in Guwahati, was formed following the merger of consumer payments and lending company Slice with North East Small Finance Bank.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)

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